ESTRA
Shanghai Aerospace Automobile Electromechanical Co., Ltd. (HT-SAAE) today announced the creation of new global automotive thermal solutions provider ESTRA. The previously distinct brands - ERAE Automotive and SDAAC will now operate as one brand: ESTRA. The result of the acquisition of a majority of shares in Korean firm ERAE’s thermal business unit (ERAE Automotive) by HT-SAAE, ESTRA becomes a global partner in automotive thermal solutions, focused on automotive air conditioning and engine cooling. Its global engineering and manufacturing presence in Asia, Europe and the Americas enables ESTRA to deliver accessible, tailor-made solutions to its customers.
Zhang Jiangong, Board Chairman, HT SAAE and Executive Chairman, ESTRA, commented: “We strive to create a high-quality listed company featuring sustainable development, social responsibility and reasonable returns to shareholders, and the new brand will further enable us to attain this goal.”
ESTRA is recognized by both its customers and the industry, as its many awards have proven along the years. Rengan Krishnakumar, Global CEO of ESTRA, commented: “My leadership and I are fully committed to our vision: Be the most preferred partner for each of our customers – We do this by continuously developing ourselves individually and as one family . This reflects our focus on positive, collaborative connection with our customers as well as a passion to develop all our employees.”
“The new brand ESTRA represents our commitment to focus on long-term relationships with our customers, our employees and our suppliers. Ultimately, it is our goal to become one of the five leaders in automotive thermal solutions globally.”
Just as the company’s state-of-the-art components fit seamlessly into automotive systems to improve passenger comfort, ESTRA’s seasoned team is dedicated to providing a stable, cutting-edge development process for its customers. Our commitment to collaborative development enables our customers to seamlessly realize their vision for the vehicle.
---
About ESTRA
ESTRA is a global player in the automotive thermal industry. The air conditioning and engine cooling systems they produce are designed with experienced engineering teams meeting customer needs. Its global presence spreads on 4 Technical Centers and 14 manufacturing plants in the world. ESTRA was formed by the acquisition of ERAE Automotive by HT-SAAE in 2019.
To learn more about ESTRA, please visit estra-automotive.com/about-us
.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190909005096/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Aramco Awards SLB Long-Term Contract to Support Kingdom’s Unconventional Gas Production Growth23.12.2025 14:58:00 CET | Press release
Five-year contract to drive innovation in stimulation, intervention, digital and frac automationAgreement underscores gas as a pivotal fuel for global energy demand and a bridge to lower-carbon systems Global technology company SLB (NYSE: SLB) has been awarded a five-year contract by Aramco to provide stimulation services for its unconventional gas fields. This award is part of a broader multi-billion contract, supporting one of the largest unconventional gas development programs globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251223074948/en/ The contract encompasses advanced stimulation, well intervention, frac automation, and digital solutions, which are important to unlocking the potential of Saudi Arabia’s unconventional gas resources. The contract encompasses advanced stimulation, well intervention, frac automation, and digital solutions, which are important to unlocking the potential of Saudi Arabia’s unconve
Tabelog, Japan's Largest (*1)Restaurant Search and Reservation Service,Launches Multilingual App for International Visitors23.12.2025 14:00:00 CET | Press release
Experience Japan's Authentic Culinary Scene in Your Language — From Search to Reservation, All on Your SmartphoneRanked No. 1 in Downloads Among "Japanese Gourmet Search Apps" Chosen by International Travelers (*2) Tabelog (https://tabelog.com/en/), Japan's largest restaurant search and reservation service operated by Kakaku.com, Inc., launched its multilingual smartphone application (iOS/Android) for international travelers on Monday, November 17, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251221963753/en/ The Tabelog Multilingual App for International Travelers — Japan's Largest Restaurant Search and Reservation Service With approximately 100 million monthly users(*3), Tabelog is Japan's premier service widely used by Japanese locals for daily restaurant discovery. Its database is unrivaled domestically, featuring information on approximately 890,000 establishments nationwide and over 85 million reviews and photo
BeOne Medicines to Present at the 44th Annual J.P. Morgan Healthcare Conference23.12.2025 12:01:00 CET | Press release
BeOne Medicines Ltd. (NASDAQ: ONC; HKEX: 06160; SSE: 688235), a global oncology company, today announced it will participate in the 44th Annual J.P. Morgan Healthcare Conference on Tuesday, January 13, 2026, with a presentation at 7:30 am PST. Live webcasts of these events can be accessed from the investors section of the Company’s website at https://ir.beonemedicines.com, https://hkexir.beonemedicines.com, https://sseir.beonemedicines.com. Archived replays will be available on the Company’s website. About BeOne Medicines BeOne Medicines is a global oncology company based in Switzerland that is discovering and developing innovative treatments that are more accessible to cancer patients worldwide. With a portfolio spanning hematology and solid tumors, BeOne is expediting development of its diverse pipeline of novel therapeutics through its internal capabilities and collaborations. With a growing global team of nearly 12,000 colleagues spanning six continents, the Company is committed to
I-care Becomes a Unicorn23.12.2025 10:45:00 CET | Press release
The Belgian company has surpassed the billion-euro valuation mark following a €20 million fundraising and refinancing round. I-care announces the completion of a €20 million fundraising and refinancing operation, carried out as a round reserved for existing shareholders and employees. Based on this operation, the group's valuation reaches €1 billion, making I-care a unicorn. "Becoming a unicorn is a symbolic milestone. To achieve this, we chose to invest before reaping the rewards: we bet on AI when few believed in it, we prioritized R&D, and we built our own production unit. These choices were sometimes difficult, but they were essential to staying ahead of the game. Today, our results confirm that this strategy was the right one," explains Fabrice Brion, CEO of I-care. This fundraising round is the first step in a three-phase development plan. Following the “Eau Rouge” operation in 2022, which enabled I-care to become the world leader in predictive maintenance, the company has now se
Liquid Reply Joins the Agentic AI Foundation (AAIF) to Advance Open, Trusted Agentic AI23.12.2025 10:00:00 CET | Press release
Liquid Reply, specialising in platform engineering and cloud-native technologies within the Reply Group, today announced that it has joined the Agentic AI Foundation (AAIF). The newly established foundation was launched under the auspices of the Linux Foundation and provides a neutral, open governance framework for the development of agent-based AI systems. Members collaborate transparently to develop tools, protocols, and specifications that remain available as open-source resources for the global community. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251223604862/en/ Through its membership, Liquid Reply will engage the AAIF community and actively support the establishment of open standards for the next generation of AI-powered applications. By joining the AAIF, Liquid Reply reinforces its commitment to open-source and community-driven innovation, and supports the creation of shared technical foundations for the responsi
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom